Kollipara Sundaraiah
09 December 2021 at 15:58

Sec 194n tds deducted in bank account

Sir,
It assessee cash withdrawal rs:1,50,000/- dt: 20-11-21 sec 194n tds deducted rs:3000/- @2 percent debited to bank account.
Question:
1.sec 194n tds deducted limit
2.accounting entry passed procedure in books
3.sec 194n tds deducted amount claim allowed.


Hareethan
09 December 2021 at 14:55

Annual Information System

As per AIS provided by Income Tax recently, NSDL reported an amount Rs.150,000.00 but this is an amount of nett transaction amount means purchase amount less old amount, it is not reflecting actual capital gain/loss. How do i calculate and report to AIS and also during this FY i have sold Bonus shares that was got during 2017, how i add this bonus shares to calculate capital gain/loss


Viral
09 December 2021 at 13:32

TDS ON DIVIDEND.

Sir,
Our Company Declared the Interim Dividend to the share holder. FOR F.Y. 2021-22.

FOR DOMESTIC SHARE HOLDER I HAVE DEDUCTED TDS US 194 @ 10%
FOR NRI SHARE HOLDER I HAVE DEDUCTED TDS US 195 @ 20.8% .

Pls advice to me is this correct?


Som Nath Saini

Can a Part Time COP holder remain a partner (not doing any attest function) in a CA Firm and becoming an executive director in a private limited company?


Santosh Anandrao Patil

Dear All

I like to know that whether HUF can provide Accounting services.

thanks in advance


Kollipara Sundaraiah

Sir,
A partner ship firm one of the partner personal name LAP loan taken on residential property loan amount transferred to partnership firm.
Loan taken by partner personal name and loan installment amount pay through on partner ship firm bank account.
Question:
1.Treatment of interest and installment in books and accepted above transactions in it act.
2.interest claim firm account accepted in it act.


bhaskarreddy

Hi experts

In private limited company we have to pay directors remunaration or salary ? if we pay that what is the limitation of Pvt ltd company ?


PRIYA
09 December 2021 at 10:53

Not liable for audit but showing mismatch

I am filing itr 3 and i am not liable to any audit. I have selected"NO" in all the fields of "AUDIT INFORMATION " in Part A . Also selected "NO" in "if liable to furnish other audit report, mention the date of furnishing the audit report".  There was one error on validating, "select a value in if liable to furnish other audit report, mention the date of furnishing the audit report". On selecting "NO" again in the same validation of return is successful without any errors. But when I preview the Json file created, it shows "Audited under section 10A" and "N" in other audit details.
What should I do?


Bijesh.K

IF:-

I am a paramilitary (CRPF) Jawan and we are under of Ministry of Home affairs, not in the Ministry of Defence. Retired from the service on March 2019.

If I get Disability pension is it a exempt income.

During 2009 December I got an accident from Dentewada of Chattisgarh State. A Maoists attack of which I totally damaged. Only 2 survived from a group of 16 persons.

Now I am getting disability pension. a huge amount is received on December 2020. That is receivable from March 2019 onwards.

Is this pension exempted or not. Is there any case study for such cases.

I am strongly saying we are under Minisrty of Home Affairs (Central Armed Polic Forces)

Please give a advice at the earliest.


Kollipara Sundaraiah
09 December 2021 at 08:42

Cash loans from creditors question

Sir,
It assessee cash loans from different persons (creditors) each one rs:19,000/- received.

1.Cash loans from creditors 5 members (pan number and Aadhar number mentioned persons)
2.cash loans from creditors 4 members (pan number non mentioned persons)
Question:
Above two cash loan transaction allowed in it act.






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